News: Owners Developers & Managers

Lila Delman Real Estate sells 30 Atlantic Ave. for $1.772 million and 13 Comm. Ave. for $1.3 million

Newport, RI Lila Delman Real Estate continues its history of excellence with the sales of 30 Atlantic Ave. for $1.772 million and 13 Commonwealth Ave. for $1.3 million. Kim Doherty, Lila Delman sales associate, represented the seller of 30 Atlantic Ave. and facilitated for the buyer.

Doherty also represented the seller of 13 Commonwealth Ave. while city councilwoman and Lila Delman sales associate Kate Leonard represented the buyer. 

Year to date, Lila Delman Real Estate has maintained one of the highest market share of sold properties over $1 million in Newport County, and statewide. The firm is proud to continue to lead Rhode Island’s real estate market. 

“While we successfully service all aspects of the market, we pride ourselves on our unique ability to cater to the luxury seller and luxury buyer,” said Doherty. 

“I am proud to be a part of the Lila Delman real estate team,” said  Leonard. “Being able to represent my clients and advocating for them, both as buyers and sellers, is very important to me.”

“Both Kim and Kate are incredibly seasoned agents and driving forces in the Newport market,” said John Hodnett, president/broker-owner of Lila Delman. “We consider ourselves privileged to have both as longstanding, valued associates at our firm.”

MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any